LiteForex enters New Year starting New Bonus program

Since 21st January, 2010 LiteForex Group has embarked on a new bonus program based on one that took place in autumn of 2009 and which became extremely popular with the clients of the company.
Participation in the bonus program confers traders the opportunity to considerably reduce the personal financial expenses and simultaneously increase trading opportunities. A similar bonus campaign was first held in autumn of 2009; hence, given the wishes of customers, the company has re-launched this bonus program since 21st January 2010.
Depending on the sum of flat money deposit a trader receives some extra money on his trading account.
Profit made using the bonus-money may be withdrawn from trading account at any time of banking day.

In brokerage business the core value is reputation of the company for people will never trust it if they feel insecure. The trust of the clients is the main asset of a broker. Big companies with tens of thousands clients all over the world simply cannot afford to scam or not to return money to its clients because it would mean huge damage to their reputation.

You wanna say you really have tens of thousands clients ? )))

Dear Bremen,
We have more than 45000 clients. Can you explain your doubts?

LiteForex – spreads are getting lower

Starting February 1, 2010 the LiteForex group of companies announces that spreads on majors are decreased.

Starting February 1, 2010 the LiteForex group of companies changes trading conditions lowering spreads on major currency pairs and major cross pairs.
“Now the difference between Ask and Bid for the most popular trading instruments among our clients is 1 pip lower that it used to be,� – Aleksey Smirnov, the president of the LiteForex group of companies comments. – “For example, the spread on EURUSD pair becomes 2 pips, and on USDJPY and GBPUSD – 2 and 3 pips respectively. We hope that the following changes will be a pleasant addition to the well-known list of advantages of working with LiteForex�.

“The LiteForex group of companies offers to its clients a lowered fixed spread starting from 2 pips during February 2010 as a special promotion aiming to improve personal trading results of traders working with the group of companies,� – Aleksey Smirnov continues.

According to the LiteForex quoting regulations the company reserves the right to change spreads in line with the current market conditions depending on volatility of the given financial instrument and on the amount of an interest rate as soon as such changes are required.
Please visit our company page for more specific information upon the current spreads: open section “Trading instruments� of the LiteForex web site: http://liteforex.org/contracts.php?lang=en.

LiteForex: a fresh look at the intraday trading

The LiteForex group of companies presents to its clients a new set of trading instruments designed for intraday trading. The first achievement in this area is the IntraDay Eye indicator released in February 2010. This indicator allows trader to get a precise estimate of the current market situation in the shortest time.

For more than a year the LiteForex group of companies clients have been using the latest practical groundworks in the field of MQL language for improving their trading systems. An exclusive set of software products being actively used by the company clients consists of about twenty different instruments (indicators, advisors and expert advisors) developed for Forex trading with the help of Metatrader 4. In February 2010 the set of instruments will be modified and added taking into the consideration the requirements of intraday trading.
According to Sergey Khravchuk, an instruments designer, he is planning to “develop new instruments and modify old ones exactly for this trading style. Every indicator, script and expert advisor will be aimed to optimize each single function which an intraday trader uses all the time (from current situation analysis to pending orders execution)”.
All the instruments will be published in the traders’ forum of the LiteForex company in the ForexTools section (http://forum.liteforex.org/). The thread is dedicated to the set of trader’s instruments developed by Sergey Khravchuk.
The IntraDay Eye indicator is the first step towards the intraday trading efficiency growth. The IntraDay Eye is intended for marking out the trading sessions on the chart and showing news schedule, that is automatically downloaded from the internet with the special IntraDay EventsLoader script. News is displayed in such a way that a trader has an opportunity not only to read the news and correlate it with the particular moment but also visually watch its approach. There are several ways of displaying trading sessions, each way suits best for a certain type of tasks. The visualization of beginning and end of a trading session allows you to estimate the time slot with the most active trades at first sight and to clearly view the price dynamics during the session. Moreover the graphic representation itself allows to determinate easily the influence of the trading session results on each other.
According to the instruments developer he has “a creation of a special indicator for displaying tick and real chart trades volumes of present and past and a serious of statistical indicators” in his future plans.
“Such a great attention to the features of intraday trading can be explained by its popularity, ” – Aleksey Smirnov, the president of the LiteForex group of companies comments. – “A considerable amount of traders working with the LiteForex group of companies prefer exactly the intraday trading intending to trade as much efficient as possible on minute and hours periods. The IntraDay Eye is the first instrument in the list of necessary one for intraday trader. The importance of the indicator is identified by the need of trading sessions information and economical news to be provided to trader”.
The new IntraDay Eye Indicator along with other ForexTools software products is available for testing on demo account of the company.
To obtain the possibility to use the indicator in real trade a participant needs to receive a personal license for product usage on a real account. For LiteForex clients it’s absolutely free to obtain this license and it’s a completely simplified process.
Though all the information is yet in Russian our English speaking clients can also obtain this kind of service.
On our forum branch (http://forum.liteforex.org/showthread.php?t=48) you can ask our programmer a question or place an order for a license specifying:
1) Number of your trading account;
2) Type of your trading account (Lite or Real.
3) Chosen component(s) of the package (the one you need a license for)
For those traders who are not LiteForex clients there is also a way to obtain the license for fee on a developer’s website http://forextools.com.ua.

LiteForex presents itself on YouTube

In February, 2010 the LiteForex group of companies has started to broadcast its video reports using the advantages of the YouTube international information resource.

Pictures and videos collected by LiteForex team during the ShowFxAsia international exhibition have inspired us to make this first video for YouTube (http://www.youtube.com/watch?v=unT44FiPI3A). The ShowFxAsia has been held in the end of 2009 in Kuala Lumpur (the capital of Malaysia). The exhibition was dedicated to all kinds of financial services: from Forex and futures market to securities markets.

“Thanks to a very eventful activity of the LiteForex group of company in the frame of ShowFxAsia we have a huge amount of photos and videos illustrating LiteForex participation in the exhibition,” – Aleksey Smirnov, the LiteForex group of companies president comments. “The representatives of the company have been actively communicating with the exhibition visitors, were holding up special promotions, every-ticket-wins lotteries, were handing in presents to the company clients, were presenting exclusive bonus cards valid for depositing trading accounts, cards were of different value – from $10 to $500.”

A 3-minutes video is some kind of a public report upon the participation of the LiteForex group of companies in the ShowFxAsia. Thus we are able to sum up the events going on in the exhibition section of the group of companies visually, to show all the participants and visitors.

“It is the first time that we display video on behalf of the company,” – Aleksey Smirnov continues. – “And we highly appreciate this kind of experience, as the responses upon the published video and the amount of views for the first 24 hours prove that we did our best.”

Also according to Aleksey Smirnov “within the scope of the planned work upon the development of the press and public coverage of the group of companies we are looking forward to display the company videos, reports and addresses on a permanent basis.”

Who is Sergey Khravchuk? Is he a trader himself? Why should I trust his indicators?

Indicators he does for the convenience of trading in the market and are designed for MT4

I just wanna say 45000 is too much.

FOr those Who say Liteforex is not a true Forex Company, Oh well your bad then, I have been with liteforex for almost a year now,,, I really love liteforex,,, I have not had one problem with liteforex. The only problem i have is with Alertpay., But thats another story anyway liteforex is the best for me.

Liteforex Account: 53133
So Liteforex keep up the Excellent work, Oh When will Liteforex get thier own Liteforex Debit card for thier clients like myself

I am also very long with them for trade. I had a few questions to them, but their service is very helped me in this. I am even more convinced that they can deal with.

Dear jameen34 and MikhailKurakin,
Thank you for your words. This is really pleasant.

The success of your company.

A guy who can sell you another useless program.

The LiteForex group of companies resumes a partnership program

On February 18, 2010 the LiteForex group of companies resumes the application reception for the affiliate program participation.

“We already had an experience of projects of this kind, and the experience was rather successful – the affiliate program was of great popularity among our clients. Then we suspended the program. And now we proudly present a new improved version of the program. We do not doubt the project to be successful: right after the launch of the affiliate program we began to receive applications for affiliate accounts opening. This fact indicates our partners consider working with us as really promising,” – Stanislav Kozlov, a specialist of the LiteForex affiliate programs department comments.
It is obvious that the participation in such project is a tempting offer. An individual approach to each partner, revenue sharing attractive scheme is just the beginning of an advantages list. LiteForex is a recognizable brand in the whole world, a brand of high account and authority among traders’ community.

“We are going to reward initiatives of our partners,” – Stanislav Kozlov contiues. – “Moreover we are supporting the diversity of affiliate web sites design and we don’t mind the owners of the web sites to keep their own design unchanged. we are ready to provide all the necessary banners and links.”
There is an important thing we have to add: currently a new web site design and new client interface are being developed and they will be available next month for you to appreciate.
For more detailed information upon the participation in the affiliate program please visit the “Partnership” section of the LiteForex web site: http://www.liteforex.org/affiliate.php

Why do you think it is useless?

LiteForex keeps on enlarging the set of trading tools.

A new indicator ft.LotRuler has been included in the authors set of trading instruments "Forextools".
The group of companies LiteForex gladly announces to its clients that the set of instruments "Forextools" has been enriched with one more indicator - ft.LotRuler. Today LiteForex is the best platform for testing users mechanical trading systems, experts and indicators. Operating the accounts is supported by many developers, Sergey Kravchuk, an author of "Forextools", is among them. Wed remind you that "Forextools" is a comprehensive tool set of mutually complementary indicators, experts and scripts designed for working with Forex market with the use of the platform MetaTrader 4.

Since the beginning of 2010 Sergey Kravchuk has decided to pay special attention to the intraday trading tools. Designing of the Intraday Eye indicator, advantages of which the clients of the group of companies LiteForex have already appreciated in full measure, has become the first step in this direction. One more indicator ft.LotRuler is at traders disposal now.

This indicator considerably simplifies calculation of possible profits and losses and makes it possible to visually estimate and choose a corresponding lot size. Sergey Kravchuk says, that "such a tool saves greatly time and takes care of nerves of those traders, who work under tense intraday conditions".
The use of this indicator also simplifies the observance of "Money management" rules which is a precondition for successful trading in Forex market.

One can get acquainted with a detailed description and some peculiarities of the use of a new indicator in the corresponding division of a new trader forum of the group of companies LiteForex at http://forum.liteforex.org/showthread.php?t=296. The installer and the license archive for LiteForex demo accounts are accessible on the same URL address. The clients of the group of companies LiteForex can have the license for operating real accounts free of charge. Those traders who arent clients of the group of companies LiteForex can buy this license on the developers site at http://forextools.com.ua.

The group of companies LiteForex plans to constantly enrich and improve the offered set of instruments "Forextools" in the near future.

Because all the indicaters are useless. It's one big fraud.

Low spreads – good results!

According to desires of our clients LiteForex keeps the trading conditions that were introduced on February, 1 unchanged.

On February, 1 the Liteforex group of companies has introduced new trading conditions as a special promotion. The promotion included new fixed spread on major currency pairs and cross pairs starting from 2 pips. According to Alexey Smirnov, the president of the LiteForex group of companies “the improvement of trading performance of each trader working with the group of companies� was the main purpose of this promotion. And the goal was successfully achieved as the promotion gained a positive response form clients. That is why the LiteForex company management decided to make this promotion a permanent condition: “New trading conditions introduced on February, 1 this year will maintain from now on as conditions qualify with modern requirements of the majority of the group of company clients.� – Alexey Smirnov continues.

The company takes care of both: intraday traders and traders that are using trading systems including automated. The spread amount issue is highly important for the letter type of traders.
Trading conditions improvement is a direct consequence of the company policy that heads towards creating the best working conditions for the LiteForex clients.




LiteForex extends a bonus promotion

The LiteForex group of companies extends the promotion meeting its clients wishes

A bonus promotion launched January 21, 2010 will be extended till the end of March. “Initially we planned to finish the promotion in the end of February, but after we saw how interested in it our clients had become we have decided to make the promotion last one month longer,� – Alexey Smirnov, the president of the LiteForex group of companies says.

A bonus promotion had a great success among LiteForex company clients and there is no wonder why – an attractive scheme of bonus depositing opens new financial horizons for the promotion participants.
“We have been always having a service of high quality and competitive trading conditions as our main goal. A trader taking part in our promotion can reduce his capital investments considerably and at the same time increase his trading opportunities,� – Alexey Smirnov continues.

A bonus promotion had been widely discussed at the company’s forums at: http://forum.liteforex.org and http://forum.forexpeoples.com. You can find more information about the promotion conditions here: http://liteforex.org/promotions_depo.php.

Fluctuations of capital markets and the impact on the ruble and the U.S. dollar

On Thursday, the opening of trading the currency section of the MICEX dollar fell to a domestic ruble, but since recovered and is near yesterday's levels. By the ruble against the currency basket has not changed.

So, the trading session for the USD today started with the level of 29.7 rubles (-11 cents against the closing levels of protection), but later buck strengthened to 29.83 rubles, thus withdrawing from the lowest level of 1.5 months.

EUR started the session with a mark of 40.75 rubles (+3 penny).
The cost of currency basket with the emergence of players collapsed to 34.7 rubles, but managed to recoup and recover to 34.75 rubles, almost yesterday's mark.

The first price hikes today's session, it is due to the speculative mood of traders, and the current state of affairs when the ruble does not show a clear direction, points to the instability in the stock and commodity platforms.

Rather, trading on Thursday for a pair of ruble / dollar will be in the range of 29.68-30.0 rubles per dollar.

If you have a strategy that works why not automate it?

I do have a profitable strategy. But I'm not going to sell it.

I also don't think there's much point in using EAs. The profitable ones are hardly for sail.

I want to become a scalper and I'd like to know is it possible to automate trading by scalping? Though I'm relatively new to forex I thank that scalping is the thing that works here.

LiteForex at a New Angle

According to the clients’ desires and modern requirements LiteForex has offered a new design of the site structure.

According to modern requirements the LiteForex Company has presented to its clients a new site with an updated design and structure.
«The necessity of updating the Company site became ripe long ago. Up to recent time the site has stayed on the same level on which it was created in 2005» - Alexey Smirnov, the President of the group of Companies LiteForex, says. - «The Company has passed a long way since 2005 having accumulated lots of practical experience; the site updating has become our next step forward. Renewal of our affiliate program, reduction of spreads, carrying out of promotions on a permanent basis – these are links of one chain. The Company is steadily moving forward providing its clients with modern service of high quality. Our next goal was to create a Company site that could meet all modern requirements including security ones. A group of programmers and designers worked on its elaboration and I hope our clients will estimate the result at its true worth».

Elaboration of a new site is a direct consequence of the Company policy that is oriented to creating the most comfortable working conditions for LiteForex clients. The Company takes care of its clients having created the handy site that provides them with an accurate system of links and a comfortable search of the necessary information.

«We were always striving for providing our clients with modern service of high quality», - Yury Voloshin, the Director General, says. – «A client-oriented approach has been a distinctive mark of LiteForex since we started working on the Forex market. Elaboration of a new site the necessity of which was discussed long ago provides the Company with a new face. Today the site is the only means by which the Company communicates with its both present and potential clients».

We invite you to discuss the Company new site on the forums at http://forum.liteforex.org and http://forum.forexpeoples.com.

I'd like to know about the difference between margin and free margin. Has anyone posted about it earlier?

Margin is the volume you are trading now. Equity is your current total volume. And free margin is the margin/volume that is still remaining and you can use to trade.

Let's say, you have $1000 in your account and open a trade using $200.

So, your margin is $200 and free margin is $800.

Thanks for the explanations, Bremen, much appreciated. This all is really complicated.

I wonder why different analysts always make different forecasts. Is there any sense in their predictions?

Why always? Market analysts are wrong as often as right.))

LiteForex: bonus conditions are updated

What can be more pleasant than to participate in the promotion? You’ve got it right – to participate in the even better promotion! March is over, “Wanna trade?” promotion has expired, but the company heads on its direction and is ready to offer you another promotion – the new one is called “10% bonus from LiteForex”! Every time you deposit your account with the sum not less than $30 you still get the bonus from LiteForex!

“We’re not just carrying out these promotions but also are trying to watch their results and our clients reaction,” - the President of the LiteForex group of companies Alexey Smirnov comments. “Of cause traders working with our company are glad to receive an extra bonus when depositing their accounts and there is no doubt they want the promotion to be permanent. Our company is always ready to accommodate our clients’ desires! A 10% bonus for every deposit is an additional resources for trading and another confirmation of the fact that LiteForex cares for its clients. Right after depositing without even starting trading every client has already got 10% of prospective profit on his account. You must admit that it gives a new turn to the situation when counting possible risks.”
You can find more information about the 10% bonus from LiteForex conditions on the LiteForex company official web site: www.liteforex.org in the Promotions section.

LiteForex: April will be a month of surprises!

The LiteForex group of companies has prepared for its clients several pleasant surprises in April offering them new interesting promotions, the “Nice surprise” promotion is among them. Now anyone who opens a cent account with the LiteForex Company will get a deposit bonus of $5! The Director-General of Trend Line ltd. Yuri Voloshin comments on the promotion in the following way: «As a matter of fact the LiteForex project is a unique one since we were the first to introduce cent account thus giving everyone the possibility to get real experience of working on the Forex market. We’re still following the course and trying to provide beginners with the most optimal trading conditions. Carrying out of this promotion is a direct consequence of the Company policy».

A client opening a cent account with the LiteForex Company will be able to use the bonus in trading during the whole April and the benefits can be freely withdrawn. After having fulfilled a couple of simple requirements the bonus can be withdrawn as well.
The bonus will be credited to a trading account within the next 24 working hours since the moment of opening an account and will be a kind of initial capital to start working on the Forex market.

You can find all the details concerning the “Nice surprise!” promotion on the official site of the LiteForex group of companies at www.liteforex.org in the section “Promotions”.

I don't know how to delete post. Moderator, please delete it.

how shall i get the bonus?

LiteForex: the spring is going to be warm!

The clients of the LiteForex group of companies are happy to know that LiteForex keeps on launching new promotions and offers them several attractive opportunities. The “Bring your friend” promotion is one of them. The President of the LiteForex group of companies Alexey Smirnov describes the promotion as the following: “The “Bring your friend” promotion gives us the chance to reward those of our clients who advise the LiteForex Company to their friends. We’ve been thinking of it for a long time, and the moment to realize this idea has come. Now you’ll be able to get up to 50% of your friend’s deposit as a deposit bonus».

There is no doubt that this promotion will be a pleasant surprise for both parties, for one knows very well: LiteForex is the best launch pad for those who would like to try their forces in trading on the Forex market, that’s why beginners can find here everything they need. As for the permanent LiteForex clients, now they can get a special deposit bonus for having helped their friends make the right choice. «The Company always appreciates its most faithful clients, that’s why we apply every effort to make our cooperative work as pleasant as possible», - Alexey Smirnov goes on. – “Recommending us to your friends you make for sure that your friend will fall into professional hands and will be provided with comfortable working conditions and qualified support service at any step, and good advice is worth its weight in gold. That is a good reason to reward your efforts”.

You can find all the details concerning the “Bring your friend!” promotion on the official site of the LiteForex group of companies at www.liteforex.org in the section “Promotions”

Deposit your account with money, how else do you think?
btw it's all written in the description of this promotion on their website. Knowing how to read is a good thing nd it makes life more enjoyable

Wow, cool, is it for the first friend's deposit, or will I be able to receive 50% from each friend's deposits?

Irochka19, it's for the first friends deposit only

my open position closed without my notification! why?

Dear Irochka19,
It could happen if your account balance reached critical level. It would be better if you contact tech support directly so that they can better assist you with this situation.

I don't think it is possible to come up with a much better way of confirming to everyone that Liteforex is merely a ponzi scheme.
Paying anyone, affiliates, managers, the CEO of the company a bonus from someone's deposit is downright dishonest business and I don't see why anyone would want to open account with you now.

Dear jafar00,

With all due respect I ask you to choose words more carefully when speaking about a company with 45000 clients all around the world. Perhaps, before using such terms as 'Ponzi Schim' it would be better to look through the description of our promotion? What is wrong with the bonuses? Isn't it a common practice to offer affiliate programs and bonuses in Forex industry?

How to draw a trend line?

There are uptrends and downtrends in Forex. When the price goes up for some time it is an uptrend. When the price goes down it is a downtrend. In the uptrend market trend line is drawn below the price chart; in the downtrend – above.

In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move.
Connecting at least two «lowest lows» will create a trend line.

In the down trend, trend line is drawn through the highest swing-points of the price move.
Connecting at least two «highest highs» will create a trend line.

A trend line confirms its validity when the price respects this line. The more «lowest lows» / «highest highs» the trend line contains, the stronger it becomes.

Are you going to replace MT4 by MT5 in the future?

We are going to stay with MT4 as long as it is supported by MetaQuotes. As for MT5, we are going to buy it as soon as it released and tested.

I win more than 3000 usd. How can I withdraw it from my demo account?

Liteforex news and analytics: new possibilities!

The LiteForex group of companies offers you to avail yourself of new possibilities of working with Forex news and analytics. Now all the actual information and analytical materials are presented in a more comfortable way. The clients analyzing economic calendar data don't need to visit a special news page of the LiteForex site in order to be in the know of the latest Forex news. You'll find extended headers of the 5 latest Forex reports and analytical articles in the bottom of the Analytics page.

MT5 is bad trading platform.